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 Analyst Initiates Coverage on Astris Energi with $1.75 Target Price 

Publication Date:25-August-2005
12:05 PM US Eastern Timezone 
Source:FuelCellWorks
 
Astris Energi Inc. (OTC BB: ASRNF.OB), the world's leading alkaline fuel cell (AFC) technology company, is receiving coverage from Market Advisors. Analyst Jeff Helleberg confirms a positive outlook on ASRNF based on his analysis of the Global Market and Astris' technology. Mr. Helleberg's price target of $1.75 indicates a strong short-term outlook. The complete analyst report can be viewed at http://www.nyotcfn.com/asrnfma.php or through http://www.nyotcfn.com/asrnf.php

Mr. Jeff Helleberg is the lead analyst of Market Advisors, a company that has been in business since the 1970s. During the late 1980s and through the 1990s, Mr. Helleberg was the editor and chief of the nationally syndicated Marketarian Newsletter. Under Mr. Helleberg's guidance, the Marketarian was rated numerous times by the Wall Street Journal, Hubert Financial Digest and the Timer Digest, among others, as one of the best market timers, top bond timers and having one of the best model portfolios.

About Astris Energi Inc.

Astris is a late-stage development company committed to becoming the leading provider of affordable fuel cells and fuel cell generators internationally. Astris is commencing pilot production of its POWERSTACK(tm) MC250 technology in 2005. Astris is the only publicly traded company in North America focused exclusively on the, economically more favourable, alkaline fuel cell. Additional information is also available at the company's Web site at http://www.astris.ca

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